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HomeMy Public PortalAbout2007_04_24_r073 Adopting the Member Agreement to Join VA Assoc of Counties Risk Pool The Town of Leesburg, Virginia RESOLUTION NO. 2007-73 PRESENTED April 24. 2007 ADOPTED April 24. 2007 A RESOLUTION: TO ADOPT THE MEMBER AGREEMENT TO JOIN THE VIRGINIA ASSOCIATION OF COUNTIES GROUP SELF-INSURANCE RISK POOL WHEREAS, the Town of Leesburg desires to protect against liability claims and property losses and to provide for payment of claims or losses for which the Town may be liable; and WHEREAS, the Virginia Association of Counties Group Self-Insurance Risk Pool, also known as V ACoRP, has been established pursuant to Chapter 27 (~ 15.2-2700 et seq.) and Title 15.2 of the Code of Virginia; and WHEREAS, it is desirable for the Town of Leesburg to join the Virginia Association of Counties Risk Pool in order to provide a method of risk sharing for liability claims and property losses. THEREFORE, RESOLVED that the Council of the Town of Leesburg in Virginia hereby agrees to the member agreement entitled "Member Agreement for Virginia Association of Counties Group Self-Insurance Risk Pool" which creates a group fund to pay liability claims and property losses of the local agencies joining the group, and we acknowledge we have received a copy of the pertinent plan and supporting documents. FURTHER RESOLVED, the Town Manager is authorized and directed to execute the member agreement to join the Virginia Association of Counties Group Self-Insurance Risk Pool and to act on behalf of the Town of Leesburg in any matter relative to the Group. -2- A RESOLUTION: TO JOIN THE VIRGINIA ASSOCIATION OF COUNTIES GROUP SELF- INSURANCE RISK POOL PASSED this 24th day of April 2007 ~ ~f\ '~IV . . U tattd, Mayor ( Town of Leesburg ATTEST: ])k~~~ C of Council R07: V ACo self-insurance